Vault-13

SPDR SER TR XOP

S&P OILGAS EXP · ETP · CUSIP 78468R556

346 institutional holders -18 vs Q1 2023
29,287,25629.3m shares reported held*
$3.8bnreported value*
39 new 97 added 108 reduced 59 sold out net bought ≈ $12.1m (-269.3k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($1.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $128.71. Options: 27 managers hold calls ($1.1bn notional), 31 hold puts ($1.8bn).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 355Q4 22: 380Q1 23: 364Q2 23: 346346Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022355
Q4 2022380
Q1 2023364
Q2 2023346

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q4 22: 177 bought or addedQ4 22: 157 cut or sold outQ4 22Q1 23: 140 bought or addedQ1 23: 194 cut or sold outQ1 23Q2 23: 136 bought or addedQ2 23: 167 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022177157
Q1 2023140194
Q2 2023136167

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$1bn$2bn$3bn$4bnQ3 22 calls: $1.6bnQ3 22 puts: $3.0bnQ3 22P/C 1.89Q4 22 calls: $1.4bnQ4 22 puts: $3.5bnQ4 22P/C 2.50Q1 23 calls: $1.3bnQ1 23 puts: $2.3bnQ1 23P/C 1.78Q2 23 calls: $1.1bnQ2 23 puts: $1.8bnQ2 23P/C 1.71
Numbers
QuarterCallsPutsP/C
Q3 2022$1.6bn$3.0bn1.89
Q4 2022$1.4bn$3.5bn2.50
Q1 2023$1.3bn$2.3bn1.78
Q2 2023$1.1bn$1.8bn1.71

Biggest buyers

TORONTO DOMINION BANK Added +1,977,396+2.0m
MENORA MIVTACHIM HOLDINGS LTD. Added +1,846,000+1.8m
BARCLAYS PLC Added +578,759+578.8k
CITIGROUP INC Added +471,166+471.2k
Elliott Investment Management L.P. New +402,500+402.5k
59 North Capital Management, LP Added +265,274+265.3k
CITADEL ADVISORS LLC Added +219,062+219.1k
JANE STREET GROUP, LLC Added +211,046+211.0k
Twin Tree Management, LP Added +198,761+198.8k
CASTLEARK MANAGEMENT LLC New +161,360+161.4k

Biggest sellers

HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Sold out -1,047,000-1.0m
GOLDMAN SACHS GROUP INC Reduced -906,009-906.0k
MORGAN STANLEY Reduced -713,924-713.9k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -540,987-541.0k
CANADA PENSION PLAN INVESTMENT BOARD Sold out -400,000-400.0k
COWA, LLC Reduced -360,349-360.3k
BANK OF AMERICA CORP /DE/ Reduced -355,674-355.7k
MACKENZIE FINANCIAL CORP Reduced -305,265-305.3k
Crocodile Capital Partners GmbH Sold out -270,000-270.0k
PointState Capital LP Sold out -260,145-260.1k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $279.3m2.2m shares
CITADEL ADVISORS LLC Added $247.4m1.9m shares
MILLENNIUM MANAGEMENT LLC Added $72.4m561.9k shares
Hudson Bay Capital Management LP Reduced $70.9m550.0k shares
PointState Capital LP New $64.4m500.0k shares
CITIGROUP INC Reduced $49.0m380.0k shares
Jefferies Financial Group Inc. Added $47.1m365.3k shares
Parallax Volatility Advisers, L.P. Added $46.4m359.9k shares
Point72 Asset Management, L.P. New $40.6m315.0k shares
WOLVERINE TRADING, LLC Reduced $38.1m297.3k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $407.9m3.2m shares
ROYAL BANK OF CANADA Added $218.6m1.7m shares
CITADEL ADVISORS LLC Reduced $201.0m1.6m shares
BANK OF AMERICA CORP /DE/ Reduced $169.2m1.3m shares
Waratah Capital Advisors Ltd. New $128.8m1.0m shares
OAKTREE CAPITAL MANAGEMENT LP Added $121.7m945.0k shares
Eisler Capital (UK) Ltd. Added $87.9m682.2k shares
MILLENNIUM MANAGEMENT LLC Reduced $73.8m572.5k shares
NOMURA HOLDINGS INC Reduced $71.0m551.5k shares
Hudson Bay Capital Management LP Reduced $70.9m550.0k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

No one currently above 5% in the filings since 19 Dec 2024.

Fell to 5% or below in the last year: Invesco Ltd. (0.0%, 2026-08-13)

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 TORONTO DOMINION BANK 0.39% of their portfolio TORONTO, ONTARIO, A6 4,037,9424.0m $519.6m $519.6m 0.39% Added +2.0m +1,977,396
2 BANK OF AMERICA CORP /DE/ 0.05% of their portfolio CHARLOTTE, NC 2,967,2203.0m $382.3m $382.3m 0.05% Reduced -355.7k -355,674
3 GOLDMAN SACHS GROUP INC 0.09% of their portfolio NEW YORK, NY 2,828,2152.8m $364.4m $364.4m 0.09% Reduced -906.0k -906,009
4 MORGAN STANLEY 0.03% of their portfolio NEW YORK, NY 2,002,5822.0m $258.0m $258.0m 0.03% Reduced -713.9k -713,924
5 CITIGROUP INC 0.32% of their portfolio NEW YORK, NY 1,950,4282.0m $251.3m $251.3m 0.32% Added +471.2k +471,166
6 MENORA MIVTACHIM HOLDINGS LTD. 2.21% of their portfolio Ramat Gan, L3 1,857,0001.9m $239.2m $239.2m 2.21% Added +1.8m +1,846,000
7 BARCLAYS PLC 0.14% of their portfolio LONDON, X0 1,683,4861.7m $216.9m $216.9m 0.14% Added +578.8k +578,759
8 BESSEMER GROUP INC 0.18% of their portfolio WOODBRIDGE, NJ 652,303652.3k $84.0m $84.0m 0.18% Unchanged
9 Johns Hopkins University 4.59% of their portfolio BALTIMORE, MD 640,257640.3k $82.5m $82.5m 4.59% Unchanged
10 59 North Capital Management, LP 8.77% of their portfolio Houston, TX 596,450596.5k $76.8m $76.8m 8.77% Added +265.3k +265,274
11 Vanderbilt University 19.26% of their portfolio NASHVILLE, TN 583,916583.9k $75.2m $75.2m 19.26% Added +3.9k +3,885
12 CITADEL ADVISORS LLC 0.07% of their portfolio MIAMI, FL 473,803473.8k $61.0m $61.0m 0.07% Added +219.1k +219,062
13 Elliott Investment Management L.P. 0.62% of their portfolio WEST PALM BEACH, FL 402,500402.5k $51.9m $51.9m 0.62% New
14 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.08% of their portfolio BALA CYNWYD, PA 381,085381.1k $49.1m $49.1m 0.08% Reduced -541.0k -540,987
15 CAPITAL FUND MANAGEMENT S.A. 0.75% of their portfolio PARIS, I0 369,330369.3k $47.6m $47.6m 0.75% Added +31.9k +31,926
16 UBS Group AG 0.02% of their portfolio ZURICH, V8 368,821368.8k $47.5m $47.5m 0.02% Reduced -177.9k -177,889
17 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.06% of their portfolio MILWAUKEE, WI 366,394366.4k $47.2m $47.2m 0.06% Reduced -6.5k -6,452
18 PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio BALTIMORE, MD 366,354366.4k $47.2m $47.2m 0.01% Unchanged
19 SILVERCREST ASSET MANAGEMENT GROUP LLC 0.28% of their portfolio NEW YORK, NY 309,305309.3k $39.8m $39.8m 0.28% Reduced -1.4k -1,416
20 Thrivent Financial for Lutherans 0.09% of their portfolio Minneapolis, MN 298,600298.6k $38.4m $38.4m 0.09% Added +9.7k +9,681
21 JANE STREET GROUP, LLC 0.04% of their portfolio NEW YORK, NY 245,901245.9k $31.7m $31.7m 0.04% Added +211.0k +211,046
22 Twin Tree Management, LP 0.62% of their portfolio DALLAS, TX 232,439232.4k $29.9m $29.9m 0.62% Added +198.8k +198,761
23 Squarepoint Ops LLC 0.16% of their portfolio NEW YORK, NY 228,512228.5k $29.4m $29.4m 0.16% Added +157.8k +157,836
24 OAKWORTH CAPITAL, INC. 2.22% of their portfolio BIRMINGHAM, AL 202,790202.8k $26.1m $26.1m 2.22% Reduced -3.8k -3,790
25 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 202,750202.8k $26.1m $26.1m 0.02% Reduced -27.8k -27,841
26 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 188,799188.8k $24.3m $24.3m 0.00% Reduced -175.9k -175,911
27 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 173,768173.8k $22.4m $22.4m 0.01% Reduced -1.2k -1,159
28 Raymond James Financial Services Advisors, Inc. 0.04% of their portfolio ST. PETERSBURG, FL 163,808163.8k $21.1m $21.1m 0.04% Added +63.8k +63,753
29 CASTLEARK MANAGEMENT LLC 0.94% of their portfolio CHICAGO, IL 161,360161.4k $20.8m $20.8m 0.94% New
30 Cetera Advisor Networks LLC 0.14% of their portfolio EL SEGUNDO, CA 152,217152.2k $19.6m $19.6m 0.14% Added +22 +22
31 MACKENZIE FINANCIAL CORP 0.03% of their portfolio TORONTO ONTARIO, A6 149,938149.9k $19.3m $19.3m 0.03% Reduced -305.3k -305,265
32 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 148,703148.7k $19.2m $19.2m 0.01% Added +9.3k +9,278
33 LMR Partners LLP 0.41% of their portfolio LONDON, X0 139,849139.8k $18.0m $18.0m 0.41% New
34 Crestone Asset Management LLC 3.57% of their portfolio BOULDER, CO 125,800125.8k $16.2m $16.2m 3.57% Reduced -22.9k -22,904
35 CONNABLE OFFICE INC 1.84% of their portfolio KALAMAZOO, MI 104,290104.3k $13.4m $13.4m 1.84% Reduced -29.6k -29,618
36 Greenhouse Funds LLLP 1.07% of their portfolio BALTIMORE, MD 101,792101.8k $13.1m $13.1m 1.07% Added +4.8k +4,788
37 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 87,48487.5k $11.3m $11.3m 0.00% Reduced -20.7k -20,722
38 Composition Wealth, LLC 0.32% of their portfolio LOS ANGELES, CA 80,66980.7k $10.4m $10.4m 0.32% Reduced -7.0k -6,964
39 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 79,68279.7k $10.3m $10.3m 0.00% Added +8.9k +8,859
40 WOLVERINE TRADING, LLC 0.13% of their portfolio CHICAGO, IL 77,58877.6k $9.9m $9.9m 0.13% Added +16.6k +16,613
41 Sculptor Capital LP 0.25% of their portfolio New York, NY 75,00075.0k $9.7m $9.7m 0.25% New
42 ELEMENT POINTE ADVISORS, LLC 3.05% of their portfolio MIAMI, FL 73,57573.6k $9.5m $9.5m 3.05% Reduced -2.1k -2,080
43 Venture Visionary Partners LLC 0.54% of their portfolio Sylvania, OH 70,68270.7k $9.1m $9.1m 0.54% Reduced -101 -101
44 CREDIT SUISSE AG/ 0.01% of their portfolio ZURICH, V8 69,30869.3k $8.9m $8.9m 0.01% Reduced -7.0k -7,045
45 Rockefeller Capital Management L.P. 0.03% of their portfolio NEW YORK, NY 68,82768.8k $8.9m $8.9m 0.03% First filing
46 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 68,33068.3k $8.8m $8.8m 0.02% Reduced -3.3k -3,346
47 Claar Advisors LLC 3.32% of their portfolio NEW YORK, NY 68,15068.2k $8.8m $8.8m 3.32% Reduced -16.0k -16,000
48 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 65,89165.9k $8.5m $8.5m 0.02% Added +106 +106
49 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 62,60462.6k $8.1m $8.1m 0.01% Added +16.0k +16,025
50 Quantitative Investment Management, LLC 0.76% of their portfolio CHARLOTTESVILLE, VA 62,24562.2k $8.0m $8.0m 0.76% New
51 MIRABELLA FINANCIAL SERVICES LLP 0.91% of their portfolio London, X0 60,96361.0k $7.9m $7.9m 0.91% Added +55.5k +55,502
52 Southeast Asset Advisors, LLC 0.97% of their portfolio THOMASVILLE, GA 53,14053.1k $6.8m $6.8m 0.97% Unchanged
53 SATOVSKY ASSET MANAGEMENT LLC 2.30% of their portfolio NEW YORK, NY 52,73452.7k $6.8m $6.8m 2.30% New
54 Man Group plc 0.02% of their portfolio LONDON, X0 50,01250.0k $6.4m $6.4m 0.02% New
55 GTS SECURITIES LLC 0.20% of their portfolio NEW YORK, NY 49,82449.8k $6.4m $6.4m 0.20% First filing
56 RFG Holdings, Inc. 5.00% of their portfolio Argyle, TX 49,20449.2k $6.3m $6.3m 5.00% Unchanged
57 Valley Financial Management, Inc. 3.27% of their portfolio NEW YORK, NY 49,02349.0k $6.3m $6.3m 3.27% Added +16.2k +16,165
58 Corient Private Wealth LP 0.01% of their portfolio MIAMI, FL 48,56148.6k $6.3m $6.3m 0.01% Added +379 +379
59 Modus Advisors, LLC 2.54% of their portfolio EXCELSIOR, MN 45,84345.8k $5.9m $5.9m 2.54% Added +1.1k +1,052
60 TWIN FOCUS CAPITAL PARTNERS, LLC 1.10% of their portfolio Boston, MA 42,14642.1k $5.4m $5.4m 1.10% Unchanged
61 EARNEST PARTNERS LLC 0.03% of their portfolio ATLANTA, GA 40,09440.1k $5.2m $5.2m 0.03% Unchanged
62 CIBC WORLD MARKET INC. 0.02% of their portfolio TORONTO, A6 38,71938.7k $5.0m $5.0m 0.02% Added +14.1k +14,055
63 Fisher Asset Management, LLC 0.00% of their portfolio PLANO, TX 38,14338.1k $4.9m $4.9m 0.00% Reduced -13.6k -13,591
64 VAN ECK ASSOCIATES CORP 0.01% of their portfolio NEW YORK, NY 34,31334.3k $4.4m $4.4m 0.01% Reduced -6.4k -6,419
65 Maven Securities LTD 0.62% of their portfolio ST HELIER, Y9 33,62033.6k $4.3m $4.3m 0.62% New
66 Banque Cantonale Vaudoise 0.20% of their portfolio LAUSANNE, V8 32,59732.6k $4.2m $4.2m 0.20% Added +9.5k +9,507
67 NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio MONTREAL, A8 31,55931.6k $4.1m $4.1m 0.01% Added +9.5k +9,470
68 Private Advisor Group, LLC 0.04% of their portfolio MORRISTOWN, NJ 31,53331.5k $4.1m $4.1m 0.04% Reduced -184 -184
69 Evercore Wealth Management, LLC 0.07% of their portfolio New York, NY 29,37129.4k $3.8m $3.8m 0.07% Added +1.1k +1,061
70 SHELTON WEALTH MANAGEMENT, LLC 2.91% of their portfolio FORT WORTH, TX 29,11029.1k $3.8m $3.8m 2.91% Added +3.1k +3,054
71 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 28,75128.8k $3.7m $3.7m 0.00% Reduced -14.1k -14,096
72 SG Americas Securities, LLC 0.03% of their portfolio NEW YORK, NY 28,39028.4k $3.7m $3.7m 0.03% Reduced -2.9k -2,917
73 THEORY FINANCIAL LLC 2.07% of their portfolio FORT COLLINS, CO 27,88127.9k $3.6m $3.6m 2.07% Added +4.1k +4,126
74 ArchPoint Investors 1.36% of their portfolio CORAL GABLES, FL 27,33327.3k $3.5m $3.5m 1.36% Unchanged
75 NewEdge Advisors, LLC 0.04% of their portfolio NEW ORLEANS, LA 26,92126.9k $3.5m $3.5m 0.04% Reduced -2.4k -2,443
76 ACIMA PRIVATE WEALTH, LLC 1.66% of their portfolio RICHMOND, VA 26,85926.9k $3.5m $3.5m 1.66% Unchanged
77 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.04% of their portfolio Madrid, U3 26,55526.6k $3.4m $3.4m 0.04% Reduced -294 -294
78 Marketfield Asset Management LLC 2.72% of their portfolio New York, NY 26,23826.2k $3.4m $3.4m 2.72% Added +1.2k +1,197
79 BANK OF NOVA SCOTIA 0.01% of their portfolio TORONTO, A6 25,58525.6k $3.3m $3.3m 0.01% Added +9.6k +9,550
80 Brookstone Capital Management 0.07% of their portfolio WHEATON, IL 25,34725.3k $3.3m $3.3m 0.07% Added +1.7k +1,722
81 Cerity Partners LLC 0.01% of their portfolio NEW YORK, NY 24,81124.8k $3.2m $3.2m 0.01% Added +319 +319
82 Stamos Capital Partners, L.P. 0.74% of their portfolio Menlo Park, CA 24,65024.6k $3.2m $3.2m 0.74% Added +8.8k +8,800
83 GREAT VALLEY ADVISOR GROUP, INC. 0.13% of their portfolio WILMINGTON, DE 24,21824.2k $3.1m $3.1m 0.13% Reduced -1.8k -1,846
84 Jefferies Financial Group Inc. 0.06% of their portfolio NEW YORK, NY 23,25023.2k $3.0m $3.0m 0.06% Added +16.8k +16,789
85 IFP Advisors, Inc 0.04% of their portfolio TAMPA, FL 22,70422.7k $1.8m $1.8m 0.04% Added +10.4k +10,398
86 ONE PLUS ONE WEALTH MANAGEMENT, LLC 1.86% of their portfolio JUPITER, FL 22,61822.6k $2.9m $2.9m 1.86% Added +202 +202
87 GenTrust, LLC 0.19% of their portfolio MIAMI, FL 22,04822.0k $2.8m $2.8m 0.19% Added +1.6k +1,553
88 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 22,03022.0k $2.8m $2.8m 0.01% Added +981 +981
89 HRT FINANCIAL LP 0.03% of their portfolio NEW YORK, NY 21,87121.9k $2.8m $2.8m 0.03% Added +4.1k +4,094
90 J.P. Morgan Private Wealth Advisors LLC 0.01% of their portfolio SAN FRANCISCO, CA 19,19719.2k $2.5m $2.5m 0.01% Reduced -22.9k -22,927
91 Acorn Wealth Advisors, LLC 1.68% of their portfolio Grand Blanc, MI 19,13819.1k $2.5m $2.5m 1.68% Reduced -2.5k -2,477
92 APPLETON PARTNERS INC/MA 0.21% of their portfolio BOSTON, MA 18,87018.9k $2.4m $2.4m 0.21% Reduced -5.9k -5,917
93 Itau Unibanco Holding S.A. 0.11% of their portfolio SAO PAULO, D5 18,60018.6k $2.4m $2.4m 0.11% Unchanged
94 Integrated Wealth Concepts LLC 0.04% of their portfolio WALTHAM, MA 18,52518.5k $2.4m $2.4m 0.04% Reduced -162 -162
95 New York Life Investment Management LLC 0.02% of their portfolio New York, NY 18,44818.4k $2.4m $2.4m 0.02% Reduced -2.1k -2,124
96 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 18,10418.1k $2.3m $2.3m 0.00% Added +1.2k +1,229
97 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 16,70016.7k $831.5k $831.5k 0.00% New
98 Sierra Capital LLC 0.34% of their portfolio MIAMI, FL 16,56716.6k $2.1m $2.1m 0.34% Unchanged
99 Pettinga Financial Advisors LLC 0.63% of their portfolio EVANSVILLE, IN 16,46816.5k $2.1m $2.1m 0.63% Added +110 +110
100 CW Advisors, LLC 0.05% of their portfolio BOSTON, MA 15,57415.6k $2.0m $2.0m 0.05% Added +685 +685